Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

INDIA EARNS RS 18K CR PER YEAR FROM EXPORT OF BASMATI RICE.


Date: 17-07-2018
Subject: INDIA EARNS RS 18K CR PER YEAR FROM EXPORT OF BASMATI RICE
India has earned more than Rs 18,000 crore foreign exchange per year from export of basmati rice, especially from the variety 1121 developed by the country’s top agri-institute ICAR, Agriculture Minister Radha Mohan Singh said on Monday.

The Indian Council of Agricultural Research (ICAR) has developed many new varieties and technologies which have helped transform the food importing nation to an food exporting country, he said.

The institute is playing an important role in fulfilling the government’s vision of doubling farmers’ income by 2022, he added.

“Instead of boasting about the past achievements, the ICAR should focus on addressing the present and future challenges,” the minister said while addressing the 90th foundation day ceremony of the ICAR.

Much of the ICAR research so far was on raising farm output to reduce the country’s dependence on imports but going forward the institute should concentrate on raising crop yields, increasing nutrition level, developing climate resilient crop varieties besides attracting youth in farm sector, he said.

The efforts should be towards improving the farming and farmers’ income, he said.

Highlighting measures taken to boost farmers’ income, the minister said the government had recently raised MSP of kharif crops that is 50 per cent higher than the cost of production.

Echoing the views, Minister of State for Agriculture Gajendra Singh Shekhawat, “We have become self-sufficient in most crops except one oilseeds/edibles oils. One big challenge before us is reducing import of edible oils.”

Over Rs  70,000 crore worth of edible oil is imported every year. “It is not the time to sit quiet. We need to move ahead and address this challenge,” he said.

ICAR Director General Trilochan Mohapatra said the institute has released 189 varieties in last six month. Processable varieties in tomato (H391) and onion (HR6) have been released, which will help boost farmers income.

He said that innovation and support of agri-scientists are required for achieving the government’s vision of doubling farmers’ income.

Source: dailypioneer.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 06-06-2025
Notification No. 13/2025-Customs (ADD)
Seeks to impose Anti Dumping Duty on imports of ‘Insoluble Sulphur’ originating in or exported from China PR and Japan.

Date: 30-05-2025
Notification No. 31/2025-Customs
Seeks to i. extend the specified condition of exemption to imports of Yellow Peas (HS 0713 10 10) to bill of lading issued on or before 31.03.2026; ii. to reduce the basic custom duty on crude soya bean oil (HS Code 15071000), crude sunflower oil (HS Code 15121110), and crude palm oil (HS Code 15111000) from 20% to 10%

Date: 30-05-2025
Notification No. 38/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 26-05-2025
NOTIFICATION No. 37/2025-Customs (N.T.)
Notification of ICD Jalna, Maharashtra u/s. 7(1)(aa) of Customs Act, 1962" and it was issued under Section 7(1)(aa) of Customs Act, 1962

Date: 23-05-2025
Notification No. 30/2025-Customs
Seeks to amend notification No. 55/2022-Customs dated 31.10.2022 to remove the condition required for availing exemption on Bangalore Rose Onion.

Date: 23-05-2025
NOTIFICATION No. 36/2025 - Customs (N.T.)
Amendment in the Notification No. 63-1994-Customs (N.T) dated 21.11.1994 in respect of Land Customs Station, Raxaul

Date: 15-05-2025
Notification No. 34/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 09-05-2025
Notification No. 29/2025-Customs
Seeks to exempt works of art and antiques from Basic Customs Duty

Date: 30-04-2025
Notification No. 02/2025-Customs (CVD)
Seeks to amend Notification No. 05/2024-Customs (CVD) dated the 11th September, 2024 so as to align with changes made vide Finance Act, 2025

Date: 30-04-2025
Notification No. 26/2025-Customs
Seeks to rescind Notification No. 04/2025-Customs dated the 1st February, 2025



Exim Guru Copyright © 1999-2025 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001